Information agency Credinform continues a series of publications about the largest companies in Russia. This time the experts of the Agency have analyzed the net profit and identified where the most profitable companies work.
The first ranking consisted a review on Top-30 of the largest companies in Russia by revenues for 2019.
|No.||Name||Net profit for 2019, billion RUB||Change to 2018||Business activity|
||651,1||-30,2%||Oil and gas|
|2||MMC NORILSK NICKEL
||405,8||+84,9%||Oil and gas|
|4||OIL COMPANY ROSNEFT
||396,5||-13,9%||Oil and gas|
||251,6||-||Oil and gas|
||237,2||+49,0%||Oil and gas|
||216,9||+140,5%||Oil and gas|
||156,0||-21,0%||Oil and gas|
||113,7||+0,1%||Oil and gas|
||105,5||-87,3%||Oil and gas|
||102,8||+15,0%||Oil and gas|
||97,6||-5,3%||Oil and gas|
|20||ARCTIC GAS COMPANY
||85,2||-3,0%||Oil and gas|
|21||NOVOLIPETSK STEEL MILL
||76,4||+655,3%||Oil and gas|
||73,5||-8,0%||Oil and gas|
||72,2||+22,0%||Oil and gas|
||70,0||-8,9%||Oil and gas|
||67,1||+27,0%||Oil and gas|
|30||IRKUTSKAYA NEFTYANAYA KOMPANIYA
||64,0||-29,0%||Oil and gas|
The enterprises of the fuel and energy complex have the leading positions among the Top-30 companies as in the first ranking. Their share amounts to 60%. Picture 1 represents distribution of shares among 30 leading companies in Russia by the net profit.
Following the results of the ranking, the oil and gas companies still have the leading positions not only by revenues, but also by net profit.
*The introduction of KURGANMASHZAVOD among Top-30 leading companies is worth making specific mention. Growth of the net profit for 2019 amounted to +46780%. Such a result was achieved due to an increase of other incomes, which were generally generated after recovery of estimated liabilities.
MTS is as well listed among Top companies. Growth of the net profit for 2019 amounted to +605%, due to removal of provision for payment of fine resulting from investigation concerning the activity in Uzbekistan.
KURGANMASHZAVOD manufactures fighting vehicles and MTS renders mobile communication, internet and broadcasting services.
The Article 28.1 of the Criminal Procedural Code of the Russian Federation set a mandatory condition for the termination of criminal prosecution against persons suspected or accused of committing a tax crime or related to the non-payment of insurance fees to the State non-budgetary funds. Earlier it was full recovery of damage caused to the budgetary system of the Russian Federation before the appointment of a court session.
The Federal Law dated 15.10.2020 No. 336-FZ introduced a change excluding the phrase: "before the appointment of a court session". The amendment gives the opportunity to relief from criminal responsibility of persons who have fully paid damages at a later stage of the trial, i.e. already during the court session.
According to the Internet source "Legislative and regulatory acts of the Russian Federation", in 2020 the Article 28.1 of the Criminal Procedural Code of the Russian Federation was applied in judicial practice more than 140 times.
According to the Judicial Department at the Supreme Court of the Russian Federation, the total amount of damage from crimes determined by acts of all legal authorities for the six months of 2020 amounted to more than 26 billion RUB.